LINK sees higher volume but remains under technical pressure
BROBROK News · Based on reporting by DiarioBitcoin ·
Chainlink (LINK) traded around $11.43 at the reporting time, slightly above the prior close but still below several short- and medium-term moving averages. Volume was above its 30-day average, while RSI and MACD continued to point to weak momentum.
Key points
- Price at $11.43, slightly below the $11.46 open
- Daily volume was 48.09% above the 30-day average
- RSI at 40.7 and MACD remained bearish
- Price stayed below the 7-, 30- and 50-day SMAs
- The source provided no derivatives, circulating supply or on-chain data
Why it matters
Higher volume can signal increased market participation, but it does not confirm the direction of the move. For crypto investors, the story combines Chainlink's longer-term utility with still-fragile short-term technicals.
Original headline: “Chainlink (LINK) el 31 de octubre de 2026: el volumen aumenta mientras persiste la presión bajista”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.